EasyJet has confirmed a 40m (£35m) deal with Air Berlin to buy part of the insolvent German airline’s operations, in a move that will secure 1,000 jobs. EasyJet will buy some of the company’s assets at Berlin Tegel Airport, including landing slots as well as leases for up to 25 A320 aircraft. The UK airline…
BALTIMORE, Oct. 31, 2017 /PRNewswire/ — Under Armour, Inc. (NYSE: UA, UAA) today announced financial results for the third quarter ended September 30, 2017. The company reports its financial performance in accordance with accounting principles generally accepted in the United States of America (“GAAP”). This press release refers to “currency neutral” and “adjusted” amounts, which are non-GAAP…
Spread the news! The Yorkshire Meatball Company has entered liquidation. (Company number 08578499) The business was set-up and run by David and Gareth Atkinson, father and son. They closed the Harrogate Restaurant in October 2016, after crowdfunding £123,290 earlier the same year. There were was a further restaurant in York and they initially sold…
U.S. stock benchmarks added to modest losses Monday afternoon after a report indicated that the House of Representatives is considering phasing in a cut to corporate taxes rather than enacting them immediately. Investors were awaiting a batch of key events later in the week, including a Federal Reserve meeting, the announcement of…
TOKYO–(BUSINESS WIRE)–Mitsubishi UFJ Financial Group, Inc. (MUFG) announced the functional realignment of its group subsidiaries in its press release titled Functional Realignment of Group Subsidiaries issued on May 15, 2017 (the May 15 Press Release). To implement the functional realignment, Mitsubishi UFJ Trust and Banking Corporation (the Trust Bank) and The Bank of Tokyo-Mitsubishi UFJ,…
Mining billionaire Andrew Forrest has savaged the gambling industry and its impact on families while calling for a shake up of GST distribution. Mr Forrest said pokies revenue collected by the states should be included in calculations to determine GST allocations in the same way as mining royalties. He said the existing GST carve-up encouraged…
TOKYO–(BUSINESS WIRE)– Mitsubishi UFJ Financial Group, Inc. The Bank of Tokyo-Mitsubishi UFJ, Ltd. Mitsubishi UFJ Trust and Banking Corporation Corporate Split and Business Transfers under Functional Realignment of Group Subsidiaries Tokyo, October 31, 2017— Mitsubishi UFJ Financial Group, Inc. (MUFG) announced the functional realignment of its group subsidiaries in its press release titled Functional Realignment…
Shares in Reliance Communications jumped as much as 16 per cent on Tuesday after the troubled Indian telecoms company announced a debt restructuring proposal that would dramatically shrink its business, while handing a majority equity stake to its creditors. RCom, controlled by tycoon Anil Ambani, has been struggling to service Rs457bn ($7bn) of debt amid a price…
As the emotional final flight of the bankrupt airline, Air Berlin, was taking place on Friday, easyJet was sealing a deal that will transform its status in Germany. The UKs biggest budget airline is paying 40m (£35m) for slots at the German capitals leading airport, Tegel, as well as operating leases on up to 25…
In the thick of open enrollment season, savvy employers and benefit advisers have eased the onslaught of information and complex benefit jargon by spreading out employee sign-up before the mad Fall rush. Employee Benefit Adviser spoke with Jeffrey Faber, HUB International Midwests chief operating officer, to discuss how employers are urging employees to save with…